Real Estate Ray's Blog: California: Elk Grove

Laguna West, Lakeside, Stonelake Market Update, Dec 2020

Laguna West, Lakeside and Stonelake, Dec. 2020

 Laguna West Lakeside Stonelake market update Dec

I include the neighborhoods of Laguna West, Lakeside and Stonelake together because they are very similar in style.  Pricing was very strong over the last year, while inventory was way down.  Currently, there are only 4 homes available with an average listing price of $586,947.  It is a very good market for homeowners that would like to sell, but a very difficult market for home buyers. 

Laguna West, Lakeside and Stonelake, 4th Quarter 2020

Laguna West Lakeside Stonelake 4th qrt market update

I like to look at the last month versus the last quarter to see if the trends are similar in such a small area.  The December numbers do fall in line with 2020's last quarter.

With interest rates remaining so low and a lack of inventory, I do not see anything changing very soon.  If vaccines are effective, I do believe that we will see more inventory become available as homeowners begin to feel more comfortable opening up and showing their homes again.  Only time will tell.  Who would have guessed how 2020 would go?

If you are looking for homes in the Elk Grove area and need an agent, I would be happy to help.

My last market update

Why Elk Grove

For an overview of the Sacramento Region, Ryan Lundquist, of the Sacramento Appraisal Blog, has an interesting post on current market conditions. 

Real Estate Trends to Watch in 2020


View Homes in Laguna West, Lakeside and Stonelake

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             eXp Realty of California, Inc

Raymond Henson, SRES, GRI, e-Pro

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3412 Babson Drive

Elk Grove, CA 95758




Comment balloon 11 commentsRaymond Henson, SRES, GRI • January 10 2021 05:42PM
Laguna West, Lakeside, Stonelake Market Update, Dec 2020
Laguna West, Lakeside and Stonelake Dec 2020 I include the neighborhoods of Laguna West, Lakeside and Stonelake together because they are very similar in style. Pricing was very strong over the last year, while inventory was way down. … more
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